MarkZ
[via PDK] Question: Mark what do you think of the rumor it could happen tomorrow?
MarkZ: I’m going to leave it as rumor for now. But it could happen in 3 minutes…or 2 days…we just don’t know the timing. But rumors are non-stop running hard.
[via PDK]
Now over the weekend - this is where it gets fun…There was a lot of conversation and many stories about needing to have a committee for “repricing”...
Why do they need to reprice?
Maybe they are getting ready to change the value of the dinar? This is HUGE . And they were very up front over the weekend on “Removing the zeros” and this process provides more purchasing power…they call this the “mechanism to delete the zeros” This process requires increasing purchasing power when deleting the zeros…this was a huge weekend... As they increase their value they need to update their bills including the lower denominations
One of the articles I like the most from Iraq: “ITC hosts Iraq National trade forum” With support from Iraq’s national Trade center and the government, and a joint agency of the UN and the World Trade Organization. The entire goal of this is to foster International trade, and import and export opportunities in business on the international stage.
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